CNX Resources Corp. today announced the following updates: CNX continues to execute on its commitment to generate long-term intrinsic value per share by generating free cash flow per share on a regular basis and reducing its outstanding debt to further strengthen its balance sheet. The following is an update of key drivers in that effort. 2020 FCF [...]
Leading US gas well production company CNX Resources Corp. is well site operator Rising Phoenix Royalties announces a 100% natural gas mineral acquisition in the Marcellus Shale, Washington County, PA from a private seller. This acquisition is RPR's second Appalachian Basin transaction in 2020. CNX Resources Corp. is the well site operator of the [...]
Highlights conviction that best-in-class performance and delivering responsible value go hand in hand CNX Resources Corp. today announced the release of its annual Corporate Responsibility Report. The report details Company execution against the Global Reporting Initiative Core Option and outlines activities and initiatives undertaken during the [...]
CNX Resources Corp. today announced the following financial and operational results: Second Quarter Highlights Reported a net loss attributable to CNX shareholders of $146 million, or a loss of $0.78 per diluted share, including an unrealized loss on commodity derivative instruments of $206 million. Adjusted net income was $24 million. Adjusted [...]
PITTSBURGH, July 30, 2020 /PRNewswire/ -- CNX Midstream Partners LP today reported financial and operational results for the three and six months ended June 30, 2020. Second Quarter Results The Partnership continued its solid financial performance during the three months ended June 30, 2020 despite a decline in volumes. The net decrease in gathered [...]
- Improves long-term financial stability of combined entity - Creates lowest cost Appalachia producer - Increases the cumulative free cash flow for CNX - 15% premium to the 30-day average exchange ratio - Transaction expected to close in Q4 2020 CNX Resources Corp. and CNX Midstream Partners LP today announced that they have entered into a [...]
CNX Resources Corp. and CNX Midstream Partners LP will issue their second quarter earnings releases at 6:45 a.m. Eastern Time on Thursday, July 30. These releases will be followed by conference calls and live webcasts, which will be available on the 'Investor Relations' page of the CNX Resources website, and the 'News and Events' page of the CNX [...]
CNX Resources Corp. today announced an operational update. CNX continues to optimize its long-term intrinsic value per share by safely and compliantly generating free cash flow per share on a regular basis. The following is an update of key drivers in that effort. Production Profile Optimization CNX began sculpting its production profile since May [...]
CNX Resources Corp. today announced that it intends to redeem $400 million of its $823.795 million aggregate principal amount of outstanding 5.875% senior notes due 2022 . The redemption date for the Called Notes is expected to be June 29, 2020 . The redemption price on the Redemption Date will equal 100% of the principal amount of the Called Notes [...]
CNX Resources Corp. today announced the closing of its previously announced private offering of $345.0 million aggregate principal amount of its 2.25% convertible senior notes due 2026 , including the full exercise of the $45.0 million option to purchase additional Notes granted by CNX to the initial purchasers. The Notes are fully and [...]
CNX Resources Corp. today announced the pricing of $300.0 million aggregate principal amount of its 2.250% convertible senior notes due 2026 . In connection with the offering of the Notes, CNX granted the initial purchasers of the Notes a 13-day option to purchase up to an additional $45.0 million aggregate principal amount of Notes. The sale of [...]
CNX Resources Corp. today announced that it intends, subject to market and other conditions, to offer and sell to eligible purchasers $300.0 million aggregate principle amount of convertible senior notes due 2026 . CNX also expects to grant the initial purchasers of the Notes a 13-day option to purchase up to an additional $45.0 million aggregate [...]